127.— (1) The Garda Síochána Reward Fund established under section 18 of the Garda Síochána Act 1924 for the reward and benefit of members continues in being under this Act.

(2) The Minister may, with the concurrence of the Minister for Finance, make regulations prescribing—

(a) the manner in which the Garda Síochána Reward Fund is to be administered, and

(b) the sums that are to be paid into that Fund.